Best DApp Platforms 2022 | Best Crypto Platform for Building DApps | CoinMooner

The number of DApps platforms is pretty large nowadays. It may be challenging to pick something to perfectly suit the needs of developers. In this review, readers will find helpful information on this topic, including a list of options to choose the best dApp platform.

1. What Are DApp Platforms?

Such platforms are used for building and running decentralized applications (DApps). The latter solutions are any computer applications maintained and stored on a distributed blockchain network of computer nodes, unlike traditional applications stored on a single server. Such applications are often built on Ethereum, the most used DApps platform, but other options also exist.

1.1 Why Do You Need It?

DApps running on special platforms can be used in various industries, such as finance, gaming, social media, and others. They are developed towards the goals of particular projects, and their backend codes are running on a decentralized P2P network.

The apps deploy smart contracts that contain all the necessary conditions. Blockchain platforms allow running nodes independent from each other. If there is a problem with one node, all others keep working without issues.

The operation of DApps on such platforms is absolutely transparent because they are recorded on the public ledger. They gain more trust from users, who have control over the information and assets. Also, there are no third parties involved in transactions since they are conducted directly between users. Users face less downtime because DApps are more robust than centralized apps, as the former software does not rely on a single server. All in all, DApps are more efficient than standard applications in many ways.

Before creating and running a dApp, developers need to choose the right platform for this purpose, as they have several options. It is recommended to take into account the peculiarities of different blockchains, including their advantages and disadvantages.

2. How to Choose a Good One

Different factors should be considered when choosing the best crypto platform for building DApps, such as the type and number of proposed solutions, the stability of work, and platform development. Additional criteria, such as reviews, may also be taken into account.

2.1 Type and Number of Proposed Solutions

Blockchain platforms come in different types, and each of them can be used for specific purposes. Four main types include the following:

Public. Such platforms have a permissionless nature. They are open for everyone and are accessed without any decentralized control.Private. Such platforms are often called ‘permissioned’ blockchains. They are usually run by a trusted intermediary and do not allow everyone to access them freely.Hybrid. This blockchain type combines components of the previous two types. It allows for controlled access and freedom at the same time.Consortium. This type is similar to the hybrid one. While a hybrid blockchain is run by a single organization, multiple organizations can stand behind a consortium blockchain.

Most commonly, public DApps platforms are used for cryptocurrency transactions and document validation. Private blockchains are suitable for supply chains and asset ownership. Hybrid systems are often developed for medical records and real estate. As for a consortium, this type can be used for DApps development for banking, research, and supply chain.

2.2 Stability of Work and Development of the Platform

All platforms based on Blockchain technology have plenty of similarities, but they still may be different in how they perform and how convenient they are for DApps development. Public blockchain platforms are less beneficial when it comes to performance and scalability.

As for the development, software engineers may experience challenges if a certain platform has its own language to learn. Ethereum, for example, has one. It is Solidity, which helps developers to create smart contracts using the Ethereum Virtual Machine.

However, lots of popular programming languages can be used to build efficient DApps, including:


3. Best DApps Platforms 2022

At the moment, there is a pretty large choice of DApps platforms. Each of them comes with certain peculiarities. Usually, a new blockchain network is developed to solve particular issues of existing solutions. According to the latest data, the platforms provided below are the most popular ones:

3.1 Ethereum DApps

Launched in 2014, Ethereum remains a top choice for DApps development. This platform quickly became popular all over the world since it offered faster transactions at lower fees. Also, it allowed providing customers and software developers with the option to take advantage of smart contracts.

The latter are self-executing programs, which can substitute traditional agreements between parties, such as buyers and sellers, borrowers and lenders, etc. Such contracts contain different conditions, according to which transactions between participants are executed. Since the information is stored on a blockchain, smart contracts cannot be changed.

Apart from that, Ethereum provides developers with all the necessary tools to use when creating DApps. One of them is Solidity, a programming language.

Various types of DApps can be created using Ethereum, including the following:

Digital money. This platform is often used for creating new tokens.Uncensorable web apps. Those applications cannot be stopped or removed.Voting. Users of DApps can vote in a convenient way. Sometimes, they can even collect rewards for their effort.Gambling. Gaming applications are generally popular. DApps allow enjoying additional functionality, such as buying and sharing items, which makes gaming more engaging.Exchanges. People often need to trade cryptocurrencies, which can be done on exchanges built with the help of Ethereum.DeFi. Borrowing and lending cryptocurrencies can be quick and easy if special Dapps are used. People do not need to bother about credit checks and other unpleasant procedures typical of traditional finance.

It is also the most promising DApps platform, which has great potential.

3.2 Tron DApps

Tron is a decentralized content-sharing platform based on a blockchain. It is very beneficial for those who want to share their content without having to worry about losing their ownership of it. So, it is a great choice for content creators and artists.

There is a basic unit of account known as Tronix (TRX). Users are rewarded with this cryptocurrency when using Tronix solutions. When Tron cryptocurrency is utilized, people get full control over their data and rewards. Users of this platform can enjoy online gambling, social media, and other forms of digital entertainment.

Another thing that makes Tron a great dApp development platform is that it allows using any high-level language for creating smart contracts.

3.3 EOS DApps

This platform is a direct competitor of Ethereum and a great solution for building decentralized applications. In fact, it is even called an “Ethereum killer.” The platform was launched in 2018, and since then, plenty of awesome applications have been built using it.

EOS allows developers to create full-fledged applications. The platform is similar to app stores like Google Play, but there is a key difference, which is full decentralization.

Explore some of the most interesting features of EOS:

a bug recovery tool;an innovative system for easy deployment of smart contracts;simplicity compared to many other blockchains, which is particularly important for developers with insufficient experience;plenty of plugins for efficient data integration.

DApps based on the EOS platform can be found in different industries, including social media, exchanges, gambling, and others.

3.4 Polkadot DApps

Polkadot is a robust platform for building various DApps. It makes it easy to connect decentralized apps, services, and institutions. This open-source project was created by Gavin Wood, one of the Ethereum co-founders. Polkadot aims at solving a range of issues typical of Blockchain technology, such as scalability. It allows connecting private and consortium chains as well as public and private networks. The DApps applications serve various purposes like capital raising, exchanges, and others.

3.5 Stellar DApps

Stellar may be the best platform for dApp developers willing to build a reliable peer-to-peer payment solution. The platform ensures quick transactions between any currency pairs. This blockchain has been created to provide a low-cost money movement. The native currency of the platform is Stellar Lumen (XLM).

This platform is a good choice for the following:

Asset Digitization. It allows digitizing both tangible and non-tangible assets.Decentralized Exchange. Developers can build decentralized exchanges with improved security.Sharing Economy. It allows for creating DApps that can share data.

3.6 NEO DApps

This platform is known as “Chinese Ethereum.” It is one of the best choices in terms of simplicity. The blockchain comes with plenty of convenient tools to help software engineers build high-quality decentralized applications.

If developers choose this platform for creating applications, they will enjoy the following benefits:

There is no need to learn a separate programming language.No fees apply to crypto coins transactions.Setting up the platform is relatively easy.

NEO DApps can be found in different industries, such as gaming and exchanges.

3.7 Wax DApps

WAX stands for The Worldwide Asset eXchange™. This blockchain has been specially created to make e-commerce transactions easier, safer, and quicker for all users. It is a great choice for developers, allowing them to purchase and sell various goods in a hassle-free manner. WAX is used by over 400 million gamers who can trade their assets. Over 16 million daily transactions are conducted using this platform. It is a good choice for developing excellent video games that will draw a decent audience.

3.8 Telos DApps

Telos comes with a robust, blockchain governance system that includes advanced voting features. This third-generation platform works fine for making fast and scalable applications without transaction fees. This choice is great for multiple industries, including DeFi, social media, gaming, and others. More than 100 DApps have been built using this platform. The applications created with the Telos platform include payment apps, messengers, music apps, and more. It surely belongs to the top DApps platforms available today for users and developers.

3.9 Polygon DApps

This combo of a protocol and framework is used for building and connecting blockchain networks with Ethereum. This is how a multi-chain system can be created. The platform provides enhanced security along with other benefits, such as greater performance. It is efficient for constructing decentralized applications for different industries, for example, games, finance, exchanges, and others.

The solutions provided by Polygon include:

one-click deployment of existing blockchain networks;modules for developing custom networks;protocol for exchanging arbitrary messages between different blockchain networks, including Ethereum.

The core problems with blockchains that Polygon can solve include high fees and slow speeds.

3.10 Binance Smart Chain DApps

Binance Smart Chain or BSC is a blockchain network built for running applications based on smart contracts. It was launched by Binance in 2019. The main aim of this platform is to allow developers to craft decentralized applications and help users enjoy low latency and large capacity. With the help of BSC, users can transfer assets between Binance Smart Chain and Binance Chain.

Its main goal is to facilitate decentralized trading. The largest DApp created on this platform is Binance DEX, a user-friendly decentralized exchange. BSC runs in parallel to the Binance Chain. The main differences between them are the capabilities of BSC to access smart contract functionality and its compatibility with the Ethereum Virtual Machine (EVM).

4. Pros & Cons of Using a DApp Platform

The advantages and disadvantages of dApp platforms are mainly related to the pros and cons of DApps. Eventually, businesses and developers can use such platforms when they need to design applications with certain functionality and possibilities.

The main reasons to build applications using this blockchain solution include:

Automation. DApps are powered by smart contracts, which are self-executing protocols. This allows reducing transaction costs and enabling P2P transactions. Also, there are no costs associated with auditors, lawyers, and other employees.Transparency. All the data of DApps are stored on a public ledger. It makes records in a secure and transparent way. At the same, it does not allow anyone to manipulate the information.Privacy. Users do not need to create accounts to use DApps. They are recognized based on blockchain-validated cryptography. Not only does this allow for ease of use but also full privacy of users.User-governance. Due to their decentralized nature, such applications allow every user to have the same rights, so no one can dominate. Consensus between users may be required in different cases, such as when it comes to making any changes to the code of a dApp.Open-source. DApps are open-source, which means that the code can be viewed by everyone. This provides the entire system with flexibility and allows for quicker progress.Fault-tolerance. Decentralization is the main principle of DApps. So, they are not controlled by a single node. If a single or a few nodes crash, it will not cause the complete failure of the app. So, DApps are a more stable and safer choice.Incentivization. DApps can offer incentives in the form of tokens or other types of rewards for users. This ensures a greater interest and engagement in the use of DApps.

As for the cons of using DApps platforms for development, they include:

Scalability. Blockchain networks are not scalable. For example, users of the Bitcoin network may notice its congestion from time to time. So, the more people use the system, the slower it gets.Immutability. Data cannot be changed once it is recorded in the system. So, even if people do not want some records of their activity to be stored in the system, they cannot do anything about that.Security. Blockchains are secure compared to other platforms, but they still have certain vulnerabilities to take into account.Implementation. There is a lot of work and time involved in app development based on a blockchain.

5. Conclusion

The choice of platforms for building DApps is pretty large. All of them have certain specifics, and developers should go through them to make the right choice. DApps boast plenty of benefits over traditional applications, such as tougher security, transparency, high speed, smaller costs, and others. The best dApp platform can be chosen based on such factors as a programming language, DApp functionality, scalability, performance, accessibility for the public, and others. Choosing several platforms that match the main project requirements and comparing them will help pick a perfect solution.

Frequently Asked Questions

What Is a DApp Platform?

It is a blockchain used for building and running decentralized applications. There are numerous platforms available at the moment, with Ethereum being the most popular one.

How to Choose the Best DApps Platform?

The decision should be based on different factors, such as type, performance, scalability, programming language, and others.

What Are the Best Dapp Development Platforms?

Ethereum remains the most popular choice for the development of decentralized applications. However, there are also other choices available, such as Tron, EOS, NEO, and more.

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